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Hi, please explain to me in a utility function, U(X,Y), whats the curvature of the utility function with regards to the X and Y iso-sections?
Hi, please explain to me in a utility function, U(X,Y), whats the curvature of the utility function with regards to the X and Y iso-sections?
1 )d^2U/dx^2 less than 0
2)d^2U/dy^2. greater than 0
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